Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.
Environmental conservatives continue to bash Bitcoin, as they believe it poses a significant environmental threat. Environmentalists have criticized the network’s proof-of-work consensus mechanism considering the amount of energy it requires to execute its mandate. However, Bitcoin supporters have called out environmentalists for never criticizing the energy consumption of the US dollar and how it is […]
Sterling touched the 1.3628 high against the greenback in the mid-London session on Thursday, following the interest rate decision from the BoE. According to forecasts, the Bank of England raised its prime rates by 25 basis points (bps) to 0.50% to tackle the growing inflation risk in the region. With the US dollar remaining under […]
SILVER Price Analysis – February 03 The formation of more bearish candles is an indication that bears may continue to dominate the Silver market; the price may find support at $21, $19 and $18 price levels. Should the bears defend the support level at $21, price may increase towards the resistance levels at $23, $24 […]
Uniswap Price Analysis – February 03 Further increase in the bears’ pressure to break down the support level of $9, it may lead to price decrease to the support level at $6 and $1.7 levels. In case the bulls defend the support level of $9, Uniswap price may increase to $12, $14 and $16 price […]
Ethereum rallies to $2,800 highETH/USD consolidates above the $2,600 support Ethereum ETH) Current StatisticsThe current price: $2,662.46Market Capitalization: $319,118,943,842Trading Volume: $14,246,182,126Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis February 2, 2022 Ethereum’s (ETH) price has broken above the resistance line of the horizontal channel as bulls resume upside […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Forecast – February 3 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market forecast points towards a breakout to the upside after the market conforms to a triangle pattern. LBLOCK/USD Long-term Trend: Bullish (Daily Chart) Key Levels:Resistance Levels: $0.0011500, […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishOn January 24, US30USD plunged to level 33150 as it may retest level 36400. The index has corrected upward to reach the high of level 35361.04. Presently, the index is facing rejection at the 21-day line moving […]
Indian finance minister, Nirmala Sitharaman, announced yesterday that the Reserve Bank of India (RBI) has settled to issue a central bank digital currency (CBDC) in the new financial year. The minister made the revelation at the 2022 budget presentation in Parliament on February 1. Asserting that the “Introduction of central bank digital currency (CBDC) will […]
Cryptocurrency analytics platform Whale Alert recently revealed that San Francisco-based Ripple (XRP) has unlocked another robust batch of tokens after the tech decacorn company released 1 billion XRP into the circulating pool. Releases like this are programmed into the Ripple code and have occurred consistently on the first day of every month since 2017. On […]
